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Prospera pitches in $50,000 to Options’ affordable-housing campaign

Occupancy of 100-unit project in Surrey slated for mid-2023
26500276_web1_210225-SUL-Options-50Women-campaign-building_1
Options Community Services plans to build affordable housing at 81 Avenue and King George Boulevard. (Photo: womenofoptions.ca).

Prospera Credit Union has donated $50,000 towards Option Community Services’ affordable-housing project in Newton.

The funds support Options’ commitment to raise $1.5 million for the 100-unit project, to be located at 81 Avenue and King George Boulevard.

Property for the housing was purchased in 2015, and was initially planned solely as community-services space. It expanded to include affordable housing after Options asked staff what they were hearing was the greatest challenge from clients.

A ‘Women of Options’ fundraising campaign launched in February 2021, bringing together 50 “influential South Fraser women” to each raise $25,000 for the cause, and a number of South Surrey women were among those who committed to help out.

READ MORE: Options launches campaign to raise $1.5M for housing project in Surrey

READ MORE: Gift-card fundraiser to benefit Surrey affordable-housing project

READ MORE: ‘Stay-at-home mom’ works to raise $25K to help Options build housing in Surrey

Prospera – which has branches on the Semiahmoo Peninsula – also “jumped” at the opportunity to be involved, a news release issued Wednesday (Sept. 15) states.

“Prospera donated $50,000 towards the building project and is proud to carry our name on the Library Patio Deck for the next five years.

Thirty units in the building are to be market rentals, while for the remaining 70 units, rents would start at around $375 per month. Occupancy is slated for mid-2023, the release adds.



tholmes@peacearchnews.com
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Tracy Holmes

About the Author: Tracy Holmes

Tracy Holmes has been a reporter with Peace Arch News since 1997.
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